Resources are being used efficiently when:
A)scarcity is no longer an issue.
B)they are also used equitably.
C)every opportunity to make people better off without making others worse off has been seized.
D)gains from trade are still available.

Question

Quizplus · Accepted Answer

Resources are being used efficiently when every opportunity to make people better off without making others worse off has been seized. This means that there is no waste in resource allocation and no one is being disadvantaged.

Resources Are Being Used Efficiently When